Coin.Space HD wallet review

Coin.Space HD
Coin.Space HD
Very basic Ease of use,  High Privacy,  User Private Keys Stored

Coin.Space HD is a desktop & mobile wallet for storing, sending and receiving Bitcoin, Litecoin and they recently added Ethereum. The platform promises great security through password encryption, full privacy, and control with no third party access, ease of use and the mobile app means you can access the wallet anywhere.

The wallet can be used on both mobile and desktop (Windows), It also works with OpenAlias, which simplifies the users' public addresses into more intuitive forms than a long string of characters. Besides there are few special features or functionality. It is mostly just a storage device.

Company / organization behind the wallets

The founder of the Coin.Space wallet is Jonathan Speigner, and the developers are active on online discussion forums to provide help and information to users. The wallet is open-source, so the wider community can contribute to its development.

Crypto Currencies Support

Language Support

  • English

Supported Systems

  • Windows
  • Android
  • iOS
  • Windows Phone

This platform is limited to password verification which doesn't reach the industry standard for security. For now many believe that mobile apps are secure because the apps are more isolated than in a traditional computer but time will tell. Your data is encrypted and you control your keyes which are both good features.

Summary:

Security
Low
2 Factor Authentication
No
Multi-Signature
No
Private Keys Stored On
User
Storage Type
Hot storage
Transactions Validation
SPV or Lightweight client
Hierarchical Deterministic
No

What happens in the event of a disaster/theft/loss?

The user has a 'root key', 'recovery phrase' or 'word seed' that can be used to regenerate private keys.

The Coin.Space HD wallet apps for mobile & desktop are easy to use and they have a simple, uncluttered design that doesn't cause any confusion. The wallet is therefore appropriate for beginners as well as more advanced users. The hot storage may make it more appropriate for moving money rather than long term savings.

Summary:

Coin.Space HD is a desktop and mobile wallet with a user-friendly easy to follow functionality. The wallet has limited functionality supports a limited number of coins. There are some concerns about security since the keys are stored on the users device password encrypted. Best for smaller amounts of funds and quick easy transactions.

Ease of use
Very basic
Suitable For
Account activation process
Simple
Transaction fees
Dynamic Transaction fees
Setup fee
$0.00

The wallet can be used on both mobile and desktop (Windows), It also works with OpenAlias, which simplifies the users' public addresses into more intuitive forms than a long string of characters. Besides there are few special features or functionality. It is mostly just a storage device.

There are none

Help and
support:

  • FAQ section
  • Contact form
  • Peer to Peer assistance
  • Forums

Most common
customer complaint:

users are concerned about security